Citigroup Inc. decreased its position in shares of American Woodmark Corporation (NASDAQ:AMWD) by 16.5% during the second quarter, according to its most recent filing with the SEC. The firm owned 12,413 shares of the company’s stock after selling 2,445 shares during the period. Citigroup Inc. owned about 0.08% of American Woodmark Corporation worth $1,186,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. BlackRock Inc. grew its holdings in shares of American Woodmark Corporation by 148,318.8% during the 1st quarter. BlackRock Inc. now owns 1,806,257 shares of the company’s stock worth $165,816,000 after acquiring an additional 1,805,040 shares during the period. Broad Run Investment Management LLC grew its holdings in shares of American Woodmark Corporation by 3.2% during the 1st quarter. Broad Run Investment Management LLC now owns 1,400,486 shares of the company’s stock worth $128,565,000 after acquiring an additional 43,018 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of American Woodmark Corporation by 0.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 647,701 shares of the company’s stock worth $59,458,000 after acquiring an additional 1,885 shares during the period. Wellington Management Group LLP grew its holdings in shares of American Woodmark Corporation by 9.9% during the 1st quarter. Wellington Management Group LLP now owns 347,711 shares of the company’s stock worth $31,920,000 after acquiring an additional 31,326 shares during the period. Finally, State Street Corp grew its holdings in shares of American Woodmark Corporation by 8.6% during the 1st quarter. State Street Corp now owns 324,765 shares of the company’s stock worth $29,817,000 after acquiring an additional 25,817 shares during the period. Hedge funds and other institutional investors own 80.30% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “American Woodmark Corporation (AMWD) Shares Sold by Citigroup Inc.” was first reported by Watch List News and is the sole property of of Watch List News. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of United States and international trademark & copyright laws. The legal version of this article can be read at https://www.watchlistnews.com/american-woodmark-corporation-amwd-shares-sold-by-citigroup-inc/1609555.html.

Shares of American Woodmark Corporation (AMWD) opened at 95.75 on Thursday. American Woodmark Corporation has a 12 month low of $69.65 and a 12 month high of $107.30. The stock has a 50 day moving average price of $88.91 and a 200-day moving average price of $92.01. The company has a market capitalization of $1.56 billion, a PE ratio of 21.86 and a beta of 1.45.

American Woodmark Corporation (NASDAQ:AMWD) last issued its quarterly earnings data on Tuesday, August 22nd. The company reported $1.23 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.37 by ($0.14). The business had revenue of $276.83 million for the quarter, compared to analysts’ expectations of $278.80 million. American Woodmark Corporation had a net margin of 6.85% and a return on equity of 20.89%. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.32 earnings per share. Analysts forecast that American Woodmark Corporation will post $4.94 EPS for the current year.

In related news, Director Daniel T. Hendrix sold 3,000 shares of American Woodmark Corporation stock in a transaction that occurred on Tuesday, August 29th. The shares were sold at an average price of $80.63, for a total transaction of $241,890.00. Following the transaction, the director now directly owns 7,155 shares of the company’s stock, valued at $576,907.65. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder William F. Brandt sold 1,000 shares of American Woodmark Corporation stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $95.50, for a total transaction of $95,500.00. Following the transaction, the insider now directly owns 1,876,973 shares in the company, valued at $179,250,921.50. The disclosure for this sale can be found here. Over the last three months, insiders have sold 46,157 shares of company stock worth $4,272,295. 1.10% of the stock is currently owned by corporate insiders.

A number of analysts have recently commented on AMWD shares. Zacks Investment Research raised American Woodmark Corporation from a “hold” rating to a “buy” rating and set a $93.00 price target on the stock in a research report on Friday, September 1st. BidaskClub cut American Woodmark Corporation from a “hold” rating to a “sell” rating in a research report on Saturday, August 12th. Finally, Zelman & Associates cut American Woodmark Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th.

American Woodmark Corporation Profile

American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets. The Company offers framed stock cabinets in approximately 500 different cabinet lines, ranging in price from relatively inexpensive to medium-priced styles. Styles vary by design and color from natural wood finishes to low-pressure laminate surfaces.

Want to see what other hedge funds are holding AMWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Woodmark Corporation (NASDAQ:AMWD).

Institutional Ownership by Quarter for American Woodmark Corporation (NASDAQ:AMWD)

Receive News & Ratings for American Woodmark Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Woodmark Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.